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33814344
33814345

7212 Woodlawn Avenue Northeast, Seattle, WA 98115

MA
Westlake Associates, Inc.
Listed by Westlake Associates, Inc.
$1,200,000
4 days on market
Updated 4 days ago

7212 Woodlawn Avenue Northeast

Details
Property Type Retail
Sub Type Storefront
Square Footage 1,820
Net Rentable (SqFt) 1,820
Units 2
Cap Rate 4.24%
NOI $50,880
Tenancy Multi
Lease Type NNN
Year Built 1947
Lot Size (SqFt) 1,855
Zoning NC2P-75 (M)
Ground Lease No

100% Leased | Prime Green Lake Retail Building

Marketing description

7212 & 7214 Green Lake Drive NE is a fully leased neighborhood retail investment located in the heart of Seattle’s highly desirable Green Lake commercial district, just one block from Green Lake Park. The property consists of a single-story retail building totaling approximate-ly 1,820 square feet, divided into two equally sized 910-square-foot suites, both occupied by established tenants, providing investors with immediate and stable cash flow.

Originally constructed in 1947, the building features durable masonry construction with a flat roof and underwent significant renovations in 1975. Its efficient suite configuration and highly visible location make it an attractive long-term retail investment in one of Seattle’s most sought-after neighborhoods. The site offers convenient street parking and alley access, facilitating tenant loading and service needs.

Investment highlights

• Fully Leased Retail Asset with Immediate Cash Flow

• Efficient Two-Tenant Configuration

• Prime Green Lake Location

• Rare Neighborhood Retail Investment Opportunity

• Strong Pedestrian Traffic & Visibility

• Excellent Regional Accessibility

• Flexible Long-Term Investment Potential

Listing Contacts

MA
Westlake Associates, Inc.
Listed by Westlake Associates, Inc.

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$50,880.00
$4,240.00/mo

Valuation Metrics

0
DSCR
4.24%
Cap Rate
4.24%
ROI

Map

Zoning

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NC2P-75(M) CommercialNeighborhood CommercialNeighborhood Commercial Pedestrian Mandatory Housing Affordability
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Mark Alfieri
License
38562
Brokerage
Westlake Associates, Inc.
Brokerage Phone
206-505-9400
Title
Mark Alfieri
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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